Petroleum levy (PL) on petrol has reached a historic high of Rs. 37.50 per liter after the government jacked up… Read More
Reforming Economy Under IMF Program Will Lower Pakistan’s Default Risk: Report
Pakistan’s strategy to handle the pandemic crisis, better level of foreign exchange earnings, and reforming the economy under the International… Read More
Rupee Posts Big Gains Against Major Currencies As Markets React to IMF News
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Rupee Gains Big Against US Dollar After IMF Approval, Oil Prices Down On Iraq News
The Pakistani Rupee (PKR) finally halted its losing streak against the US Dollar (USD) and posted gains during intraday trade… Read More
BankIslami Registers 24% Profit Growth in H1 2022
BankIslami Limited has reported a profit after tax (PAT) amounting to Rs. 1.436 billion for the half year ended June… Read More
Food Inflation to Surge as Agriculture Sector Takes Rs. 400 Billion Hit Due to Floods
Pakistan’s agriculture sector suffered a loss of around Rs. 400 billion as the current rains and floods have devastated major… Read More
Rupee Loses Further Ground Against US Dollar Ahead of IMF Meeting
The Pakistani Rupee (PKR) continued to lose ground against the US Dollar (USD) and posted losses during intraday trade today.… Read More
Pakistan Suffers $10 Billion Hit Due to Ongoing Floods
This year’s ravaging monsoon floods have desecrated the world’s fifth most populous nation with an economic hit in excess of… Read More
Lucky Cement To Buyback 10 Million Shares
Lucky Cement plans to buy back its 10 million shares from shareholders at the face value of Rs. 10 per… Read More
Rupee Falls Against US Dollar 5th Day in a Row As More Uncertainty Spoils Saudi News
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Govt Revises Release Strategy for Public Sector Development Funds
The federal government has amended the release strategy of funds of the Public Sector Development Programme 2022-23 and reduced the… Read More
FrieslandCampina Engro Pakistan Posts Profit of Rs. 938 million in H1 2022
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the six months ending June 30, 2022. The company registered… Read More
